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20130124
20130201
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MSNBC 4
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Search Results 0 to 17 of about 18 (some duplicates have been removed)
to the arguments from both sides. >> president obama reportedly said that america does not have a spending problem. well, of course we know that's not accurate. >> that is the senate's top republican referring to the president's assertion that the u.s. does not have a spending problem during a private discussion on the $16 trillion federal debt crisis as quoted by house speaker in a recent "wall street journal" op-ed. other democrats in including louisiana democratic senator mary landreau have eagerly embraced the presidential sentiment belling to oppose discretionary spending cuts arguing that the debt crisis hasn't been linked role had been over higher by pundits on fox news. >> and not going to keep cutting the discretionary budget which, by the way, is not out of control despite what you hear on fox news. >> senate majority leader mary reed telegraphed his party stalling push for more tax hikes on the wealthy and intensifying opposition to additional discretionary spending discipline. >> the american people still believe by an overwhelming margin that the rich should contribute to this. they b
night. ♪ lou: >> a very good evening. i'm lori rothman. the obama -- obama economy heading a stumbling block, suffering its first decline since the end of the recession. the government cutting spending and u.s. businesses trying down inventories in the fourth quarter causing the economy to contract for the first time in more than three years. u.s. gross domestic product falling a rate of a tenth of a percent, that is the worst performance since the second quarter of 2009. this is growing at a 3% clip in the third quarter of last year. the federal reserve today saying that growth has stalled, but telling the public temporary, pledging to continue with the easy money policy into the outlook for employment improved substantially, the news coming as somewhat of late surprised as economists predicted. the economy hit with super storm sandy in late october causing extensive damage along the east coast, seen as a major factor. economists see the same growth in excess of 3 percent will be needed to significantly lower unemployment and get at least some of the 23 million unemployed americans ba
of the start of his second term, president obama announced that he would spend this term at least in part on an issue commonly believed to be among the heaviest lifts in all of american politics. he said he would do something about gun violence. now the president can create certain changes by himself with his executive authority. he can make changes, not laws. he cannot change laws, but he can change things that the administration is responsible for itself. for big changes, though, for real reform, the president needs congress to pass new laws, and that's where the real political heavy lifting comes in. to do that political heavy lifting, the white house announced a new political strategy, or at least a new political tactic to try to get this done. the 2012 obama/biden reelection campaign would morph itself into an advocacy group, a powerful democratic grassroots activism machine. the old campaign would transfer to this new group its vast database of information about obama supporters, about voters. and then the new group would mobilize supporters to mobilize the president's agenda now, t
obama blaming republicans for the fiscal cliff and the sequester spending cuts. but you know what? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all unconfirmed but the potential legal fallout is huge. >>> israel takes no chances. the air force launches two air strikes in syria preventing the assad regime from transporting chemicals and weapons of mass destruction to hezbollah. if the red line is crossed israel will attack again. we cover it all. "the kudlow report" begins now. first up we learned today the fourth quarter gdp fell slightly, much to everybody's surprise. so the white house is blaming republicans for the fiscal tax cliff and the spending sequester which i think is h
put forward. >> mr. obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >> house republicans passed budget in the obama era and created the salary threat so senate democrats who have not do so this year. >> republicans tried to pass amendments
delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacostia and navy yard stations. some people got off and tried to walk. eventually the trains made it to
this spring between democrats and republicans on spending cuts. the house already passed that bill, and president obama has said he will sign it. the treasury warns the government could default on some of its loans as early as next month if this legislation does not pass. >>> also today, chuck hagel will tell a senate committee why he should be the next defense secretary. the senate armed services committee will hold hagel's confirmation hearing. the former republican senator and vietnam war veteran will likely face tough questions, especially about his stands on israel and iran. he prepared by meeting fraprivay with public interest groups. >>> president obama hopes for some form of immigration reform within six months. in an interviewer with telemundo, he says the plan has to include a path to citizenship for 11 million illegal immigrants already in the country, and it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border securitiment we know
-- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border security. we know
there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth quarter. >> hey, the stock is up 70%, 7-0, since september, joe. mobile ad revenue is up. that's what everyone wants to see. 70% the stock is up since september. mobile ad revenue up 23%, which is accelerating. look around the table, okay. mika with her iphone, iphone -- >> soon to be samsung. >> barnicle, you've got an abacus, i've go
covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. >> the obama administration likes to say they're doing everything they can to keep spending down. right? >> we're consolidating programs that are duplicative. how can we eliminate additional waste? >> we also wanted to protect against any and all cases of waste, fraud and abuse. >>brian: a new study indicates that despite their intentions, big government is still wasting millions and possibly billions of dollars in duplicate funding for research. stuart varney is here. the economy is not growing. we expected something different because the jobs numbers look pretty good. >>steve: our economy at the moment is contracting, and that's -- look, a whole bunch of excuses as to why this is happening. years ago it was the tsunami. that's what's hurting. then it was the wicked europeans. then it was those wicked republicans. now of course it's president bush all over again. or sanding or lower defense spending. there's always an excuse. the fact is we've spent an enormous amount of money -- trillions of dollars -- building up o
Search Results 0 to 17 of about 18 (some duplicates have been removed)